At a meeting on June 29, the shareholders of VUSO Insurance Company (Kyiv) decided to allocate 20.013 million UAH from the net retained earnings for 2025—which total 279.7 million UAH—for the payment of dividends.
As the company reported in the National Securities and Stock Market Commission’s (NSSMC) disclosure system, the remaining portion of retained earnings, amounting to 259.7 million UAH, will remain undistributed.
It is noted that dividends will be paid at a rate of 0.73 UAH per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant resolution by the general meeting of shareholders.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.
The company’s gross premiums for 2025 amounted to 5.136 billion UAH, which is 48.36% more than in 2024; net premiums grew by 47.92% to 4.593 billion UAH, and net earned premiums rose by 48.74% to 4.071 billion UAH.
The share of individual policyholders in the insurer’s gross premiums at the end of 2025 was 60.56%, while the share of reinsurers was 0.84%.
In 2025, VUSO Insurance Company paid out UAH 1.791 billion to its clients, which is 26.64% higher than the volume of insurance payments and reimbursements for 2024; the payout ratio decreased by 5.98 percentage points to 34.87%.
As of January 1, 2026, the insurer’s assets grew by 63.43% to 3.133 billion UAH; equity increased by 32.49% to 1.001 billion UAH; liabilities rose by 83.57% to 2.132 billion UAH; and cash and cash equivalents by 59.50%, to 1.210 billion UAH.
PJSC “VUSO Insurance Company” (Kyiv) collected 1 billion UAH in gross premiums in January–March 2026, which is 28.3% more than in the same period a year earlier; net premiums rose by 21.09% to 1.030 billion UAH, while net earned premiums rose by 49.87% to 1.240 billion UAH.
These figures are cited in a report by the rating agency “Standard-Rating” confirming the company’s financial stability rating at “uaAA” on the national scale for the specified period.
According to data on the RA’s website, premiums from individual policyholders increased by 20.05% to 748.602 million UAH during the specified period, while premiums from reinsurers decreased by 4.86% to 8.877 million UAH. Thus, the share of individual policyholders in the insurer’s gross premiums as of the end of the first quarter of 2026 was 59.87%, while the share of reinsurers was 0.71%.
Accrued reinsurance premiums ceded for the first quarter of 2026 increased by 77.94% to 220.729 million UAH compared to the same period in 2025. Thus, the reinsurers’ share of insurance premiums increased by 4.92 percentage points to 17.65%.
In the first quarter of 2026, VUSO Insurance Company paid out UAH 599.881 million to its clients, which is 53.71% higher than the volume of insurance payments and reimbursements for the first quarter of 2025. Consequently, the payout ratio increased by 7.92 percentage points to 47.98%.
The RA also notes that VUSO Insurance Company’s financial results for the reporting period showed significant growth: operating profit increased 2.71-fold to 145.193 million UAH, while net profit rose 3.85-fold to 157.749 million UAH.
As of April 1, 2026, the company’s assets increased by 4.23% to 3.266 billion UAH, equity rose by 15.75% to 1.159 billion UAH, liabilities decreased by 1.18% to 2.107 billion UAH,
and cash and cash equivalents decreased by 3.93% to 1.163 billion UAH.
The RA notes that as of the reporting date, the company had built up a portfolio of current investments in government bonds totaling 554.884 million UAH, which increased the insurer’s level of liquidity coverage; these assets collectively covered 81.53% of the company’s liabilities. In addition, the insurer’s balance in the MTIBU’s centralized insurance reserve funds amounted to 710.385 million UAH.
VUSO was founded in 2001. It is a member of the MTIBU and the UFS, a participant in the Direct Claims Settlement Agreement, and a member of the Nuclear Insurance Pool.
The violations identified during the inspection of VUSO Insurance Company (Kyiv) are not systemic in nature, do not affect the insurer’s overall business practices, and the payment of the fine will in no way affect compliance with solvency requirements.
The company announced this on its website. It also noted that in determining the amount of the fine, the National Bank relied on available information regarding VUSO’s total annual turnover for 2025, amounting to UAH 5.794 billion, and the maximum fine limit established in accordance with the requirements of the relevant law.
“VUSO remains true to its tradition of strictly fulfilling its obligations and is using the recommendations provided by the Regulator to improve internal procedures, bringing them into line with best practices and regulatory requirements in the field of financial monitoring,” the insurer emphasizes.
As reported, the National Bank of Ukraine fined VUSO Insurance Company a total of UAH 40.71 million for violating anti-money laundering (AML/CFT) legislation.
The fine was imposed for violating AML/CFT requirements regarding the failure to fulfill the obligation to ensure the proper organization and conduct of initial financial monitoring.
As noted by the NBU, the violation led to the institution’s failure to properly fulfill its obligations, specifically to develop, implement, and update internal AML/CFT documents in accordance with legal requirements and the results of the national risk assessment; to conduct proper customer due diligence; comply with the prohibition on establishing business relationships with persons included in the list of individuals associated with terrorist activities or subject to international sanctions.
VUSO Insurance Company was founded in 2001. It is a member of the MTIBU and the UFS, a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.
According to the NBU, the company ranked third in terms of premiums written among non-life insurers in Ukraine as of the end of 2025.
Shareholders of VUSO Insurance Company (Kyiv) plan to approve a resolution at the meeting scheduled for April 29 to allocate UAH 20.013 million from the remaining net undistributed profit for 2024, which totals UAH 98.811 million, for the payment of dividends.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining undistributed profit for 2024 in the amount of UAH 78.799 million will remain undistributed.
The meeting agenda states that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant resolution by the general meeting of shareholders.
In addition, the shareholders plan to approve the results of financial and economic activities (annual financial statements) for 2025. And to leave the profit earned by the company in 2025 undistributed.
As reported, at a meeting held from December 4 to 9, 2025, the shareholders of IC “VUSO” decided to allocate UAH 20.013 million of the confirmed undistributed profit for 2024, amounting to UAH 118.824 million, for the payment of dividends. The remaining profit for 2024, amounting to 98.811 million, is to be retained.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.
In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023; the company’s net premiums increased by 25.55% to UAH 3.105 billion, and net earned premiums by 15.83% to UAH 2.737 billion. It paid out UAH 1.414 billion to clients, which is 45.40% higher than the volume of insurance payments and reimbursements for 2023.
As of January 1, 2025, the insurer’s assets increased by 25.76% to UAH 1.917 billion, equity by 22.45%
to UAH 755.839 million, liabilities increased by 28.01%—to UAH 1.161 billion,
cash and cash equivalents—by 36.09%, to UAH 758.730 million.
The Supervisory Board of VUSO Insurance Company has approved the renewed composition of the Management Board, appointing Olga Levchenko and Igor Frolov, internal specialists, as Deputy Chairpersons of the Management Board, according to information from the insurer.
“The renewal of the board’s composition provides a balance of professional expertise and fresh perspectives, which strengthens the team. This allows us to combine proven approaches with new ideas, increases decision-making flexibility, and contributes to the consistent implementation of business goals,” emphasized Mikhail Nazarchuk, chairman of the insurance company’s supervisory board.
According to the information, Olga Levchenko has more than 23 years of experience in the insurance industry. She has many years of experience in management positions in insurance companies, and for the last three years she has been overseeing the development of medical insurance at VUSO. In her new position, she will focus on medical and travel insurance and underwriting.
Igor Frolov has been working in the financial sector since 2007. In 2016, he headed the central branch of VUSO in Kyiv and managed sales in the region. As a member of the Management Board, he is responsible for alternative sales channels, customer and non-operational support, marketing, and partnerships with tour operators.
As noted in the information, the current composition of the Management Board is as follows: Chairman of the Management Board Andriy Artyukhov, Deputy Chairpersons of the Management Board Olga Kabanets, Olga Levchenko, and Igor Frolov.
VUSO Insurance Company was founded in 2001. According to the NBU, the company ranks fourth among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
On April 23, 2024, the National Bank of Ukraine reissued the company’s licenses to conduct insurance activities (33 for voluntary and 17 for compulsory types of insurance). VUSO Insurance Company has 34 representative offices, 2 branches, and more than 20 agency sales centers throughout the country.
The National Technical University of Ukraine ‘Igor Sikorsky Kyiv Polytechnic Institute’ has announced its intention to conclude an agreement with VUSO Insurance Company for the purchase of compulsory civil liability insurance for owners of land vehicles (OSAGO).
According to a report in the Prozorro electronic public procurement system, the company’s price offer was UAH 92,300, with an expected cost of UAH 274,100.
The following insurance companies participated in the tender: Guardian – UAH 122,800, TAS – UAH 153,800, NASK Oranta – UAH 153,800, and Kraina – UAH 154,100.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the National Association of Insurers, a participant in the agreement on direct settlement of losses, and a member of the Nuclear Insurance Pool.
